Feature
Banks fear capital swings if Basel III kills bond filter
Filter furore
South Africa's securities lenders seek collateral clarity
Security in lending?
Proxy war: Shrinking CDS market leaves CVA and DVA on shaky ground
Runaway adjustments
Technology providers look to the cloud to meet insurers’ modelling challenges
Cloud technology potentially offers insurers an efficient way to undertake the huge amount of actuarial and risk modelling calculations that need to be performed. But with concerns around data security and reliability, is it really a fail-safe option?…
AML and framework change at Nordea
Anders Meinert Jørgensen, head of group operational risk at Nordea, talks AML awareness and pace of framework change at the bank
CLO market appeals to yield-hungry investors
Post-financial crisis structured credit has been in hiding: but 2013 has seen the re-emergence of the collateralised loan obligation (CLO) market, with yield-hungry Asian players demonstrating a strong appetite for the paper
Viva Las Vega: Japan banks take advantage of volatility play
Viva Las Vega!
Rise in CCPs may spur collateral fragmentation
Currency controls
Central clearing obligations cause collateral headaches in Asia
Collateral thinking
Another RWA, another dollar: Capital pressures prompt questions over pay
Basel III is forcing banks around the world to reduce their risk-weighted asset numbers. Some have set up specific teams to do so, but how will these traders fit into a remuneration system that focuses on revenue generation? By Michael Watt
Uridashi losses put at $500 million after Nikkei rebounds
When the Nikkei slumped last May, banks were forced to sell volatility to protect positions built up through the sale of uridashi products – leaving many with losses. A rally in the index at the end of the year inflicted further pain. In total, the…
Interdealer rankings 2013 winner: BGC Partners
Interdealer rankings 2013 winner: BGC Partners
Interdealer rankings 2013 winner: Société Générale
Interdealer rankings 2013 winner: Société Générale
Growing popularity of renminbi heralds more structured products linked to the currency
The renminbi appreciation society
Family offices find an appetite for credit risk
Family wealth funds are dumping hedge fund positions and taking control of their own investment decisions. But as some move into direct lending – to replace retreating banks – they face new risk management challenges. Peter Madigan reports
CFTC braced for litigation over swap reporting showdown
Rule 1001 would route trades cleared at CME exclusively into its swap data repository. The Depository Trust & Clearing Corporation claims the rule is a ruse to skirt Commodity Futures Trading Commission rules and monetise swap data. Now the lawyers are…
Collateral and commodity market dynamics in the new normal
The new normal
EU ETS faces back-loading test
A critical condition
Q&A: Alberto Pototschnig, Acer
Pulling it all together
Sommers to leave CFTC
Deutsche Bank appoints commodity co-heads; top analyst leaves Morgan Stanley; Icap Energy appoints in Singapore; Barclays loses energy research head; Huntington Bank launches hedging business
Futurisation worries end-users of OTC energy derivatives
The right tools for the job?
Brokers lift the lid on swaps-to-futures confusion at Ice
When swaps become futures
Advent Capital debunks convertible arbitrage myths
Myths and reality